Would You Wear This?

Nora Zehetner attended the L.A. premiere of Clash of the Titans in a this silk chiffon dress. I have to admit, I have mixed feelings about this look.

What I love about this dress: 
~the beautiful shade of blue
~the neckline
~the length

What I hate about this dress:
~the shape

I think this look would look a thousand times better if it was a little more form fitting. Right now to me it looks more like a nightgown than red carpet dress.

What do you think of this look on Nora? Would you wear it???